Comparison of Average Savings, Deposits and Loan Rates at Credit Unions and Banks
For March 27, 2020
| Product | All CUs (National Average Rate) | All Banks (National Average Rate) |
|---|---|---|
Product 5 Year CD-10K |
All CUs (National Average Rate) 1.56 |
All Banks (National Average Rate) 1.12 |
Product 4 Year CD-10K |
All CUs (National Average Rate) 1.42 |
All Banks (National Average Rate) 1.00 |
Product 3 Year CD-10K |
All CUs (National Average Rate) 1.30 |
All Banks (National Average Rate) 0.91 |
Product 2 Year CD-10K |
All CUs (National Average Rate) 1.15 |
All Banks (National Average Rate) 0.79 |
Product 1 Year CD-10K |
All CUs (National Average Rate) 0.95 |
All Banks (National Average Rate) 0.63 |
Product 6 Month CD-10K |
All CUs (National Average Rate) 0.65 |
All Banks (National Average Rate) 0.41 |
Product 3 Month CD-10K |
All CUs (National Average Rate) 0.40 |
All Banks (National Average Rate) 0.27 |
Product Money market account-2.5K |
All CUs (National Average Rate) 0.30 |
All Banks (National Average Rate) 0.18 |
Product Interest checking account-5K |
All CUs (National Average Rate) 0.11 |
All Banks (National Average Rate) 0.11 |
Product Regular savings account-1K |
All CUs (National Average Rate) 0.16 |
All Banks (National Average Rate) 0.14 |
Product Credit card, Classic |
All CUs (National Average Rate) 11.54 |
All Banks (National Average Rate) 13.15 |
Product 30 Year fixed-rate mortgage |
All CUs (National Average Rate) 3.71 |
All Banks (National Average Rate) 3.79 |
Product 15 Year fixed-rate mortgage |
All CUs (National Average Rate) 3.23 |
All Banks (National Average Rate) 3.36 |
Product 5/1 Year adjustable rate mortgage |
All CUs (National Average Rate) 3.28 |
All Banks (National Average Rate) 3.79 |
Product 3/1 Year adjustable rate mortgage |
All CUs (National Average Rate) 3.26 |
All Banks (National Average Rate) 3.74 |
Product 1 Year adjustable rate mortgage |
All CUs (National Average Rate) 3.48 |
All Banks (National Average Rate) 3.61 |
Product Unsecured fixed rate loan, 36 months |
All CUs (National Average Rate) 9.28 |
All Banks (National Average Rate) 10.21 |
Product Home equity loan, 5 year, 80% |
All CUs (National Average Rate) 4.65 |
All Banks (National Average Rate) 5.21 |
Product Home equity loan, LOC, 80% |
All CUs (National Average Rate) 4.56 |
All Banks (National Average Rate) 5.05 |
Product Used car loan, 48 months |
All CUs (National Average Rate) 3.50 |
All Banks (National Average Rate) 5.44 |
Product Used car loan, 36 months |
All CUs (National Average Rate) 3.37 |
All Banks (National Average Rate) 5.39 |
Product New car loan, 60 months |
All CUs (National Average Rate) 3.45 |
All Banks (National Average Rate) 5.10 |
Product New car loan, 48 months |
All CUs (National Average Rate) 3.32 |
All Banks (National Average Rate) 4.99 |
Footnotes
Notes:
1. Data extracted by NCUA from S&P Global Market Intelligence databases ( This is an external link to a website belonging to another federal agency, private organization, or commercial entity. https://www.spglobal.com/marketintelligence (Opens new window) ) on April 27, 2020. The data represent interest rates reported by active banks and credit unions for the last Friday of the quarter (March 27, 2020).